AllianceBernstein Holding Lp (NYSE: AB) kicked off on Tuesday, up 0.51% from the previous trading day, before settling in for the closing price of $37.61. Over the past 52 weeks, AB has traded in a range of $30.57-$41.37.
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While this was happening, its average annual earnings per share was recorded 9.19%. With a float of $107.01 million, this company’s outstanding shares have now reached $110.43 million.
Considering the fact that the conglomerate employs 4341 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 100.0%, operating margin of 89.48%, and the pretax margin is 100.0%.
AllianceBernstein Holding Lp (AB) Insider Activity
Our next focus will be how large-scale investors are participating in this stock of the Asset Management Industry. The insider ownership of AllianceBernstein Holding Lp is 3.27%, while institutional ownership is 21.87%. The most recent insider transaction that took place on Sep 20 ’24, was worth 24,581,900. In this transaction of this company bought 700,000 shares at a rate of $35.12, taking the stock ownership to the 3,766,838 shares. Before that another transaction happened on Sep 20 ’24, when Company’s bought 500,000 for $34.18, making the entire transaction worth $17,091,700. This insider now owns 3,066,838 shares in total.
AllianceBernstein Holding Lp (AB) Earnings and Forecasts
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.86 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 9.19% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 13.08% during the next five years compared to 8.32% growth over the previous five years of trading.
AllianceBernstein Holding Lp (NYSE: AB) Trading Performance Indicators
Take a look at AllianceBernstein Holding Lp’s (AB) current performance indicators. Likewise, its price to free cash flow for the trailing twelve months is 12.28.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 3.71, a number that is poised to hit 0.79 in the next quarter and is forecasted to reach 4.03 in one year’s time.
Technical Analysis of AllianceBernstein Holding Lp (AB)
Compared to the last year’s volume of 0.77 million, its volume of 1.1 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 58.43%. Additionally, its Average True Range was 0.84.
During the past 100 days, AllianceBernstein Holding Lp’s (AB) raw stochastic average was set at 48.26%, which indicates a significant decrease from 73.82% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 17.19% in the past 14 days, which was lower than the 33.22% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $37.55, while its 200-day Moving Average is $35.68. Nevertheless, the first resistance level for the watch stands at $38.02 in the near term. At $38.24, the stock is likely to face the second major resistance level. The third major resistance level sits at $38.53. If the price goes on to break the first support level at $37.51, it is likely to go to the next support level at $37.22. Should the price break the second support level, the third support level stands at $37.00.
AllianceBernstein Holding Lp (NYSE: AB) Key Stats
The company with the Market Capitalisation of 4.18 billion has total of 110,530K Shares Outstanding. Its annual sales at the moment are 461,949 K in contrast with the sum of 423,370 K annual income. Company’s last quarter sales were recorded 1,258 M and last quarter income was 105,430 K.
